#GRT, Can #TheGraph push higher?
Updated
A quick look at #TheGraph (#GRTUSDT, #Binance, 4HR):
To read more about The Graph on CoinMarketCap, click here.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
- Price broke the upper resistance of the wedge pattern on March 28.
- Since then, we managed to reach TP1, and now price is in this tight range between $2.15 and $1.90 (S1).
- If S1 holds as support, GRT can attempt once again to break R1 and resume its walk towards TP2.
- If S2 does not hold, price could find support at the well established S2 level.
To read more about The Graph on CoinMarketCap, click here.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
Trade active
Well, we avoided the stop loss but saw some levels switching from support to resistance. If the $1.70 holds, we can look at higher prices. Interestingly, we are halfway within a channel with a $2.15 top and $1.50 bottom. RSI value is increasing.Trade closed: stop reached
The drop hit our Stop Loss but price rebounded from the wedge. It also in a range between our Stop Loss and TP1. 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.